FBX24: Europe to South America East Coast

Europe Ports:		South American East Coast Ports:
BEANR – Antwerp DEBRV – Bremerhaven DEHAM – Hamburg ESALG – Algeciras FRLEH – Le Havre GBLGP – London Gateway NLRTM – Rotterdam		ARBUE – Buenos Aires BRPNG – Paranaguá BRSSZ – Santos COCTG – Cartagena PAMIT – Manzanillo UYMVD – Montevideo

Prices used in the index are rolling short term Freight All Kind (FAK) spot tariffs and related surcharges between carriers, freight forwarders and high-volume shippers. Index values are calculated by taking the median price for all prices (to ignore the influence of outliers on active lanes) with weighting by carrier. 50 to 70 million price points are collected every month. The daily freight rate index is published in a “sliding window” containing the relevant data that are effective and not expired from 00:00 UTC on the day before publication to 24:00 UTC on the day of publication, meaning 48 hours in total starting from 00:00 yesterday. Only rates created or modified within the last 3 months and valid during those 48 hours will be included (in practice on most trade lanes rates are volatile and almost all rates are much newer than 3 months). Rates are calculated at 06:00 UTC and published at 14:00 UTC. The weekly freight index is calculated as an average of the five business days from the same week and published each Friday.

There are twelve trade lanes covered by the Freightos Baltic Index. They are:

–  FBX 01 CHINA/EAST ASIA TO NORTH AMERICA WEST COAST –  FBX 02 NORTH AMERICA WEST COAST – CHINA/EAST ASIA –  FBX 03 CHINA/EAST ASIA TO NORTH AMERICA EAST COAST –  FBX 04 NORTH AMERICA EAST COAST – CHINA/EAST ASIA –  FBX 11 CHINA/EAST ASIA TO NORTH EUROPE –  FBX 12 NORTH EUROPE – CHINA/EAST ASIA –  FBX 13 CHINA/EAST ASIA TO MEDITERRANEAN –  FBX 14 MEDITERRANEAN TO CHINA/EAST ASIA –  FBX 21 NORTH AMERICA EAST COAST TO NORTH EUROPE –  FBX 22 NORTH EUROPE – NORTH AMERICA EAST COAST –  FBX 24 EUROPE – SOUTH AMERICA EAST COAST –  FBX 26 EUROPE – SOUTH AMERICA WEST COAST

FBX data is available to subscribers on the Freightos website and via Thomson Reuters Eikon or Bloomberg screens. It is also updated weekly on the JOC’s Market Data portal, pulled weekly into TI Insight’s GSCi market intelligence platform. Besides viewing charts, you can download csv files or png charts. If you are a journalist, analyst, or armchair logistics buff, contact [email protected] if you’re interested in a CSV version of data.